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Trinidad and Tobago’s 2025-2026 budget cuts gas prices but faces criticism over unrealistic oil forecasts and potential $10B+ deficits.
Trinidad and Tobago’s 2025-2026 budget includes a $1 gasoline price cut and new taxes like a 0.25% bank levy and higher National Insurance, but projections rely on inflated oil prices and face criticism for unrealistic revenue estimates, potential $10 billion+ deficits, and questionable fiscal sustainability, while opposition offers no clear alternative.
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El presupuesto de Trinidad y Tobago para 2025-2026 reduce los precios del gas, pero se enfrenta a críticas por las previsiones poco realistas sobre el petróleo y los posibles déficits de más de $ 10 mil millones.